Author: Geoff Weitzel
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Municipal Bond Credit Report: California’s rating outlook revised to negative by Moody’s
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: California’s rating outlook was revised to negative from stable Thursday by Moody’s Investors Service amid the state’s revenue uncertainty… Link to Story
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Municipal Bond Credit Report: Texas school debt deluge will have triple-A wrap as PSF limit is raised
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Texas school districts, flush with new bond authorizations over the last year, are breathing a sigh of relief now that a cost-saving state guarantee program for their debt is fully back in business after the Internal Revenue Service increased its capacity for the first time since 2009… Link to Story
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Municipal Bond Credit Report: Chicago again on the spot for Soldier Field tax shortfall
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago hotel taxes pledged to repay Soldier Field renovation bonds will fall $9 million short of what’s needed for debt service this year, leaving the city on the hook for a second year to cover the gap as tax receipts continue to lag pre-COVID-19 pandemic levels… Link to Story
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Municipal Bond Credit Report: Disney to close Florida hotel, drops plan to move workers
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Walt Disney Co., embroiled in a high-profile fight with Florida Governor Ron DeSantis, is closing a luxury hotel at Walt Disney World and dropping plans to relocate 2,000 California employees to a new corporate campus it was building in the state… Link to Story
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Municipal Bond Credit Report: Disney to close Florida hotel, drops plan to move workers
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Walt Disney Co., embroiled in a high-profile fight with Florida Governor Ron DeSantis, is closing a luxury hotel at Walt Disney World and dropping plans to relocate 2,000 California employees to a new corporate campus it was building in the state… Link to Story
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Municipal Bond Credit Report: Private university in Buffalo will close after sale falls through
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Medaille University, a nearly 150-year old private university in Buffalo, New York, is closing its doors after failing to sell itself to a nearby college… Link to Story
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Municipal Bond Credit Report: IRS raises limit on Texas school bond guarantee program
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A capacity crunch facing a popular school bond guarantee program in Texas has been resolved by an Internal Revenue Service proposed regulation that boosts the limit to about $218 billion… Link to Story
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Municipal Bond Credit Report: Court battle escalates in Disney feud with DeSantis over special district
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Walt Disney Company’s lawsuit against Florida Gov. Ron DeSantis is unlikely to be decided soon, and claims about its First Amendment right to free speech will join the firm’s special district arrangement with the state as legal arguments… Link to Story
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Municipal Bond Credit Report: Thousands of Jobs Were Added in April—Even in Industries With Layoffs
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Employers across the economy cranked out jobs last month, despite Amazon, Disney, General Motors and other high-profile companies recently cutting staff… Link to Story
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Municipal Bond Credit Report: CPI Report Shows Inflation Eased in April but Remains Stubbornly High
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Inflation eased slightly in April, the 10th straight month of cooling, but price gains remain historically high as the broader economy cools… Link to Story